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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (14786)	10/11/2002 12:02:38 PM
From: Killswitch	Read Replies (2) \| Respond to of 19219

WLI growth rate down to -2.1% for last week Message 18101823 In a press release (hmm for some reason no WLI press release this week?) regarding consumer sentiment: "LAKSHMAN ACHUTHAN, MANAGING DIRECTOR, ECONOMIC CYCLE RESEARCH INSTITUTE, NEW YORK: "I think the most critical thing is expectations. And if the words that they provide in this survey begin matching consumers' actions -- meaning that they stop buying homes and cars -- then this one leg that's been keeping the economy up is going to buckle. That's what we have to watch. I've seen these consumer surveys weakening, except they've still been buying houses and cars. There's very little margin for error here. Both consumers and business managers are having their confidence tested not only by the economy but also by the geopolitical uncertainty." businesscycle.com